Blog | Consensus International

Fixed Assets in SAP Business One

Written by Consensus International | Jul 31, 2023 4:31:32 PM

From Excel chaos to centralized, systematic asset control in SAP B1- Part 1

Fixed Asset module in SAP Business One is the solution for those accountants that are still using Excel sheets to calculate monthly/yearly depreciation and amortization figures for the company.

With proper configuration on the company Fixed assets (tangible and intangible assets), the system will run and post the depreciation accordingly, and the finance team will have access to historical data even though, the asset is 100% depreciated.

Also, the finance team will have the opportunity to run internal depreciations for internal reporting, without posting it to the General Ledger.

This webinar addresses the following:

  • How to set up the Fixed Asset functionality in SAP Business One
  • How to create the GL Account Determination
  • Depreciation areas
  • Types and Class Setup functionality
  • Additional attribute Groups for Fixed Assets

 

 

Fixed Assets in SAP Business One

 

 

Consensus International is an SAP Gold Partner that sells, implements, trains and supports its customers on SAP Business One from its offices in Florida, Texas, and Massachusetts.

 

 

 
View full post